{"id":601157,"date":"2024-04-03T21:00:37","date_gmt":"2024-04-03T21:00:37","guid":{"rendered":"https:\/\/wncen.com\/?p=601157"},"modified":"2024-06-11T08:09:19","modified_gmt":"2024-06-11T08:09:19","slug":"xrp-price-is-ready-to-breakout","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-is-ready-to-breakout\/","title":{"rendered":"Analysts Say XRP Price Is Ready To Breakout, Here Are The Targets"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/span><\/a> has stated that a breakout could be on the horizon <\/span>for the XRP<\/span><\/a> price. He also outlined price targets that the crypto token could hit if this price breakout were to happen successfully.\u00a0<\/span><\/p>\n

XRP Price Could Rise To As High As $0.78<\/h2>\n

Egrag mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that the next <\/span>price target for XRP<\/span><\/a> is between $0.702 and $0.786. However, the crypto analyst failed to give a timeline for when this price breakout could happen. He also raised the possibility of a short-term move to the downside but quickly added that it has no impact on XRP\u2019s long-term trajectory.\u00a0<\/span><\/p>\n

Related Reading: Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?<\/a><\/div>\n

Regarding XRP\u2019s long-term target, the accompanying chart that Egrag shared showed that XRP could still rise to $7.5 at some point. The crypto analyst labeled this price level as a \u201ccritical target level,\u201d possibly in relation to higher price targets that Egrag believes XRP can attain before this bull run ends. The crypto analyst has, at different times, <\/span>predicted<\/span><\/a> that XRP could rise to as high as $27 at the peak of this market cycle.\u00a0<\/span><\/p>\n

The $27 price prediction no doubt seems ambitious, and XRP holders are more likely to set their focus on Egrag\u2019s more conservative prediction of $5. The crypto analyst recently <\/span>boldly claimed<\/span><\/a> that XRP is \u201cguaranteed\u201d to see as much as a 1000% gain on its way to a new all-time high of $5.5.<\/span><\/p>\n

Egrag further mentioned that the crypto token will begin to experience its rise to the $5 price range between this month and July. Interestingly, Egrag <\/span>boldly asserted<\/span><\/a> in January that XRP would reach $5 in the next 90 days, meaning that the crypto token is meant to attain this price level sometime this month.\u00a0<\/span><\/p>\n

Will April Be Another Unfulfilling Month For XRP Holders?<\/h2>\n

XRP holders<\/span><\/a> will be cautious about getting their hopes high despite <\/span>Egrag\u2019s bullish predictions<\/span><\/a>, which could be actualized this month. These investors had many expectations for XRP in March, with crypto analysts like Crypto Rover <\/span>predicting<\/span><\/a> earlier that XRP would experience a \u201cmassive breakout\u201d last month.\u00a0<\/span><\/p>\n

Related Reading: Buying Opportunity: Crypto Institutional Investors Pump $862 Million Into The Market<\/a><\/div>\n

However, that did not happen, as XRP maintained a relatively <\/span>tepid price action<\/span><\/a> even when the broader crypto market enjoyed significant gains at different points in March. XRP\u2019s underperformance last month further underlined its rather unimpressive price action since the beginning of the year, with a year-to-date (YTD) price loss of over 4%.\u00a0<\/span><\/p>\n

At the time of writing, XRP is trading at around $0.58, down in the last 24 hours according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

XRP fails to break $0.6 resistance | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from CryptoRank, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Egrag Crypto has stated that a breakout could be on the horizon for the XRP price. He also outlined price targets that the crypto token could hit if this price breakout were to happen successfully.\u00a0 XRP Price Could Rise To As High As $0.78 Egrag mentioned in an X (formerly Twitter) post that the next price target for XRP is between $0.702 and $0.786. However, the crypto analyst failed to give a timeline for when this price breakout could happen. He also raised the possibility of a short-term move to the downside but quickly added that it has no impact on XRP\u2019s long-term trajectory.\u00a0 Related Reading: Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down? Regarding XRP\u2019s long-term target, the accompanying chart that Egrag shared showed that XRP could still rise to $7.5 at some point. The crypto analyst labeled this price level as a \u201ccritical target level,\u201d possibly in relation to higher price targets that Egrag believes XRP can attain before this bull run ends. The crypto analyst has, at different times, predicted that XRP could rise to as high as $27 at the peak of this market cycle.\u00a0 The $27 price prediction no doubt seems ambitious, and XRP holders are more likely to set their focus on Egrag\u2019s more conservative prediction of $5. The crypto analyst recently boldly claimed that XRP is \u201cguaranteed\u201d to see as much as a 1000% gain on its way to a new all-time high of $5.5. Egrag further mentioned that the crypto token will begin to experience its rise to the $5 price range between this month and July. Interestingly, Egrag boldly asserted in January that XRP would reach $5 in the next 90 days, meaning that the crypto token is meant to attain this price level sometime this month.\u00a0 Will April Be Another Unfulfilling Month For XRP Holders? XRP holders will be cautious about getting their hopes high despite Egrag\u2019s bullish predictions, which could be actualized this month. These investors had many expectations for XRP in March, with crypto analysts like Crypto Rover predicting earlier that XRP would experience a \u201cmassive breakout\u201d last month.\u00a0 Related Reading: Buying Opportunity: Crypto Institutional Investors Pump $862 Million Into The Market However, that did not happen, as XRP maintained a relatively tepid price action even when the broader crypto market enjoyed significant gains at different points in March. XRP\u2019s underperformance last month further underlined its rather unimpressive price action since the beginning of the year, with a year-to-date (YTD) price loss of over 4%.\u00a0 At the time of writing, XRP is trading at around $0.58, down in the last 24 hours according to data from CoinMarketCap.\u00a0 XRP fails to break $0.6 resistance | Source: XRPUSDT on Tradingview.com Featured image from CryptoRank, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":601175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,89447,14690,3680,17209,4531,13172,16289,10972,78763],"class_list":["post-601157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-analysts","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nAnalysts Say XRP Price Is Ready To Breakout, Here Are The Targets<\/title>\n<meta name=\"description\" content=\"Crypto analyst Egrag Crypto has stated that a breakout could be on the horizon for the XRP price amid market turbulence.\" \/>\n<meta name=\"robots\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analysts Say XRP Price Is Ready To Breakout, Here Are The Targets","url":"http:\/\/wncen.com\/news\/ripple\/xrp-price-is-ready-to-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-price-is-ready-to-breakout\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/XRP-Price.jpeg?resize=200%2C168","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/XRP-Price.jpeg?fit=300%2C168"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto analysts","crypto news","ripple","ripple news","xrp","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2024-04-03T21:00:37Z","datePublished":"2024-04-03T21:00:37Z","dateModified":"2024-06-11T08:09:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analysts Say XRP Price Is Ready To Breakout, Here Are The Targets\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-is-ready-to-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-is-ready-to-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/XRP-Price.jpeg?resize=200%2C168\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/XRP-Price.jpeg?fit=300%2C168\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto analysts\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-04-03T21:00:37Z\",\"datePublished\":\"2024-04-03T21:00:37Z\",\"dateModified\":\"2024-06-11T08:09:19Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/XRP-Price.jpeg?fit=300%2C168","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/601157"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=601157"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/601157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/601175"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=601157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=601157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=601157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}